ESRG Developments raise the property bar yet further this week, with the sale of another stunning development site to the investment market. Fifty Two Degrees is sited in the grounds of the acclaimed and listed former college buildings of Crocketts Lane, Smethwick and is comprised of planning permission for beautifully designed family houses. Situated at the heart of the country, Fifty Two Degrees is situated in one of the most picturesque conservation zones in Birmingham.
Possibly the most exciting U.K. city in terms of growth, Birmingham is strengthening its international position with more foreign investment projects than any other English regional city, is home to five major universities and four major colleges, and provides convenient transport links – the train to London in 80 minutes, Oxford in 69 minutes, or Manchester in 88 minutes. Birmingham International airport offers both short haul and long haul international flights.
With a strong market in sales and rentals, Birmingham is the ideal opportunity for those looking to invest. Gross rental yields are expected to be between 6% and 7%.
Neil Grinnall, director of ESRG Developments, commented – ” we are delighted with this development. This is an exciting development for Birmingham, it provides spacious luxury living, and will be a fantastic opportunity for people to own property in one of the most up and coming cities in the UK.”